USD recovers from a long dive; critical resistance at 108.900

2019-11-17 16:18:56

The U.S. dollar rebound in Friday's trading session after sliding four consecutive trading session from 109.280 to support level at 108.270. The U.S. dollar needs to hold above 108.710 to continue its recovery. A break above 108.900 could see the pair advance to 109.020 and 109.220. The U.S. dollar could head down to 108.550 and 108.400 if it falls below 108.710.

Support:108.710, 108.550, 108.400, and 108.270
Resistance: 108.900, 108.020, and 109.220